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Living on Daniel Island SC is a wonderful lifestyle from what my clients tell me. The beauty quiet pristine nature, the tree-lined streets, kids playing, one grocery store, small shops, and businesses just make it feel cozy and safe. No wonder so many people seek out finding a place of their own on Daniel Island, but before you get started looking you probably want to familiarize yourself with the nuances of owning and buying on Daniel Island, the Daniel Island “Park” side, and what each section means. As you can guess there are many fees, dues, and costs with living in a PUD community with many different HOAs with regimes fees.

First, to purchase on Daniel Island there are a few disclosures you must be aware of. 

 

+ DANIEL ISLAND COMMUNITY FUND – This is a fund set up to provide additional revenue for the area including not only Daniel Island but also the communities surrounding the island. 

+ RESALE ADDENDUM DISCLOSURE Upon purchasing a home on Daniel Island there are costs associated with ownership, HOA dues, etc and this form is the disclosure of those fees. 

+ CLUB DUES Upon purchasing a home in Daniel Island Park there are costs associated with ownership, HOA dues, etc and this form is the disclosure of those fees.  IF YOU BUY IN DANIEL ISLAND PARK YOU WILL HAVE MANDATORY MINIMUM CLUB MEMBERSHIP of $230 month 

 

HOA DUES & FEES

Seller and Purchaser acknowledge that at the Closing, Purchaser is required to pay a Community Enhancement Fee to Daniel Island Community Fund, Inc. Except for Property located in Codner’s Ferry Park and Etiwan Park, a Community Enhancement Fee equal to one-half of one percent (0.5%) of the total sales price of the property is due to the Daniel Island Community Fund, Inc. upon the sale of the Property. For Property located in Codner’s Ferry Park and Etiwan Park, the Community Enhancement Fee payable to the Daniel Island Community Association, Inc. is equal to one-quarter of one percent (0.25%) of the total sales price of the Property.

*Annual Assessments: DICA [non-“Park side”]….. $ 947 annual
DIPA [Daniel Park owners]….. $ 1,074 annual

*Community Enhancement Fees: (Not prorated) at closing
Daniel Island Comm. Assoc (parcel N & O) = ¼% of Sales Price (not to exceed $7417.00)
        –     DICA (all others) = ½% of Sales Price (not to exceed $7417.00)
Daniel Island Park Assoc. = ½% of Sales Price (not to exceed $7417.00)

*Estoppel Fee: DICA and DIPA -$250 Resale Closings Only (Not prorated) Due at Closing-Made payable to Daniel Island Town Association

*Capitalization Fee:
DICA… $ 158.00 (not prorated) 1/6th of the annual assessment
DIPA…. $ 358.00 (not prorated) 1/3rd of the annual assessment

 

DEVELOPMENT/SECTION

Nobels Point  (For Sale)

Ralston Place Townhomes  (For Sale)

Captain’s Island  (For Sale)

Park Club Cottages  (For Sale)

The Oaks at Riversedge Condos  (For Sale)

Fish Tail Island  (For Sale)

Grove Park Townhomes  (For Sale)

Etiwan Park  (For Sale)

Farr St Townhome Duplexes  (For Sale)

Rivergreen Place  (For Sale)

Codner’s Ferry Park  (For Sale)

Pier View Condos  (For Sale)

Watroo Point  (For Sale)

The Waterfront Condos  (For Sale)

Smythe Park  (For Sale)

Edgefield Park  (For Sale)

The Cove  (For Sale)

Ralston Grove  (For Sale)

200 River Landing Condos  (For Sale)

Cochran Park  (For Sale)

Frissel St Townhomes  (For Sale)

Barfield Park  (For Sale)

Pierce Park   (For Sale)

Townsend Place  (For Sale)

225 Seven Farms Dr Condos  (For Sale)

Center Park Townhomes  (For Sale)

Park Side Condos  (For Sale)

Daniel Island Dr Townhomes  (For Sale)

Pierce St Townhomes  (For Sale)

Island Park Dr Townhomes  (For Sale)

FEES  

 

$375 monthly regimes

$280 Annual HOA *

$480 monthly regimes

$580 monthly regimes

$500 monthy regimes

$535 monthly regimes

 

$300 monthly regimes

$850 monthly regimes

 

$1200 (monthly)

 

$365 (monthly)

 

 

 

 

$550 monthly regimes

 

$450 monthly regimes

 

 

$365 monthly regimes

$590 – $750 monthly

$400 monthly regimes

$250 monthly regimes

$420 monthly regimes

$325 – $425 monthly

$350 monthly regimes

IN DANIEL ISLAND PARK

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